Natural Gas Futures Bearish Momentum With A 26% Slide In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 26.15% for the last 21 sessions. At 01:50 EST on Thursday, 1 February, Natural Gas (NG) is $2.15.

Volume

Today’s last reported volume for Natural Gas is 6121, 99.99% below its average volume of 3639051148.8.

Volatility

Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.89%, a negative 0.47%, and a positive 3.46%, respectively.

Natural Gas’s highest amplitude of average volatility was 4.77% (last week), 5.08% (last month), and 3.46% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Natural Gas’s commodity is considered to be overbought (>=80).

Previous days news about Natural Gas (NG)

  • Natural gas flirts with break below $2 as US ramps up gas rules. According to FXStreet on Tuesday, 30 January, "Should Natural Gas start trading further below $2, it will be just a matter of time before those actual pre-Covid levels will come into play between $1.53 and $1.96. "

More news about Natural Gas (NG).

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